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Bitcoin
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth…
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was…
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the…
Solidus AITECH Founder Paul Farhi Talks Artificial Intelligence and High-Performance Computing
Using the world’s first AI utility token AITECH, Government Authorities, Megacorps, SMEs, and Professionals will be able to acquire AI services through Solidus’ Artificial Intelligence infrastructure. AITECH can be purchased,…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Below Key Resistance Levels
Following strong gains during Wednesday’s session, bitcoin and ethereum both saw prices consolidate below key resistance levels. BTC remained marginally above $47,300, with ETH trading close to $3,400. The global crypto market cap…
Dubai Café Accepts Cryptocurrency as Payment, Owner Hints at Paying Employee Salaries in Crypto
Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee…
DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level
PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players…
Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar…
As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration…
WWE Inks Long-Term Deal With Fanatics to Push Official Merchandise, Trading Cards, and NFTs
The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across…
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly…